September market view
Continued stock market consolidation

Last week was not as cheerful for financial markets as the week before. Sweden’s OMXS30 large cap equity index closed 0.45% lower between September 1 and September 8, the broad Stoxx Europe 600 index was down by 0.76% and America’s S&P 500 index ended the week with a decline of 1.29%. Rising long-term bond yields, the possibility of further key interest rate hikes in the United States and weak growth prospects in China and Europe caused concern in the markets.
Continued stock market consolidation
Growth worries offset by rate cut hopes